Amadeus IT Group (OTCMKTS:AMADY) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $63.58 and traded as low as $58.67. Amadeus IT Group shares last traded at $59.25, with a volume of 64,029 shares changing hands.

Analyst Upgrades and Downgrades

Several brokerages recently commented on AMADY. Morgan Stanley reissued an “overweight” rating on shares of Amadeus IT Group in a research note on Monday, May 11th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amadeus IT Group in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Amadeus IT Group Price Performance

The stock has a market capitalization of $26.69 billion, a price-to-earnings ratio of 16.78, a price-to-earnings-growth ratio of 2.34 and a beta of 0.80. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.53. The stock has a 50 day moving average price of $60.15 and a 200 day moving average price of $63.55.

Amadeus IT Group (OTCMKTS:AMADY) last released its quarterly earnings data on Friday, May 8th. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.07. The company had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.92 billion. Amadeus IT Group had a return on equity of 28.72% and a net margin of 20.35%. As a group, analysts forecast that Amadeus IT Group SA Unsponsored ADR will post 4.05 EPS for the current year.

Amadeus IT Group Company Profile

Amadeus IT Group is a global travel-technology company that develops and supplies software and IT services for the travel and tourism industry. Founded in the late 1980s as a technology venture by a group of European airlines, Amadeus has evolved into an integrated provider of distribution, passenger service systems and operations software used across the travel value chain. The company’s platforms support booking, ticketing, departure control, inventory and other core travel transaction functions for industry participants.

Amadeus’s product offering spans a global distribution system used by travel agencies and online travel sellers, airline passenger service systems (notably the Altéa suite), airport operations and departure control solutions, as well as software for hotels, rail operators and car rental companies.